30 Years In Jail?! ‘Chrisley Knows Best’ reality TV stars convicted of fraud, tax evasion. Reality television stars Todd and Julie Chrisley have been found guilty of bank fraud and tax evasion charges. Video inspired due to the info presented by Harvard Lawyer Lee.
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In this video, prosecutors say the couple earned most of their money through fraudulent means — in the years leading up to their first season, the Chrisleys had been conspiring to defraud banks of more than $30 million in loans, according to a criminal case filed against them in 2019. A federal jury on Tuesday found the couple guilty of fraud and tax evasion. Julie was also found guilty of wire fraud and obstruction of justice. She and her husband each face up to 30 years in prison. Their accountant, Peter Tarantino, was also found guilty of several tax crimes, including conspiring to defraud the IRS.
“As today’s outcome shows, when you lie, cheat and steal, justice is blind as to your fame, your fortune, and your position,” Keri Farley, special agent in charge of FBI Atlanta, said in a news release. According to prosecutors, the Chrisleys defrauded financial institutions over about a five-year period starting around 2007. On several occasions, the couple presented banks with false documents, such as “fabricated bank statements listing inflated account balances, personal financial statements containing false information about available funds, false invoices, and false audit paperwork,” court records state.
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